Bitcoin Forum
January 27, 2023, 05:55:36 AM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: IFC InfiniteCoin: now 48% mined. Last day at 500k reward, rate then HALF  (Read 1014 times)
YukonCoinelius (OP)
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
June 26, 2013, 06:46:27 PM
Last edit: July 05, 2013, 04:52:41 PM by YukonCoinelius
 #1

IFC still easy mining at the starting rate, over 1% total supply *per day* for an entire month, but rate will soon decrease sharply.  

This coin is interesting for the accelerated distribution schedule, as well as the 90 Billion target money supply. It's on track to be the first fully distributed coin, and has been very fair and easy for anyone who wants to mine some, even CPU mining on pools. Block reward will drop to 256K in 1 day, and halves monthly.

(Public service announcement, not affiliated with this coin.)


No pre-mine, no insta-mine.
Approximately 6+ month accelerated mining schedule, then will be transaction fee supported.
43 Billion mined so far of total 90 Billion schedule.
Still very easy to get a block, big payouts solo or pool.

SPECS:  (announce post at https://bitcointalk.org/index.php?topic=225891.0  )
30 sec block time = 2880 / day.
Block reward halves monthly. (every 86400 blocks)
Difficulty adjusts hourly.
90 Billion total mint schedule, equals roughly 1000:1 money supply ratio on Litecoin

RECOMMENDED TRANSACTION FEE: 2-100+ to ensure fast execution and secure network
1674798936
Hero Member
*
Offline Offline

Posts: 1674798936

View Profile Personal Message (Offline)

Ignore
1674798936
Reply with quote  #2

1674798936
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
YukonCoinelius (OP)
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
June 29, 2013, 03:31:42 PM
 #2

updated stats as of June 29:  now 38% mined, 6 days left at 500k block reward.
YukonCoinelius (OP)
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
July 02, 2013, 02:36:07 PM
 #3

updated stats as of July 2:  now 45% mined, 3 days left at 500k block reward.
YukonCoinelius (OP)
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
July 04, 2013, 05:41:26 PM
 #4

update:  now 48% mined, Last day at 500k block reward.
monocolor
Hero Member
*****
Offline Offline

Activity: 766
Merit: 621


Own ONION


View Profile WWW
July 04, 2013, 06:14:17 PM
 #5

The greatest thing for this coin is that it has a great community, people take ownership of it. I never saw this in another coin. Keep it up, I am really happy with this coin!  Cheesy

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.....DeepVault.....
....Blockchain File Signatures....
...deeponion.org...
arlington
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
July 04, 2013, 10:16:20 PM
 #6

The greatest thing for this coin is that it has a great community, people take ownership of it. I never saw this in another coin. Keep it up, I am really happy with this coin!  Cheesy

^^^ Yes ^^^
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!